PTC says Q4 revenue will be low because of … subs

PTC says Q4 revenue will be low because of … subs

PTC just announced preliminary results for Q4 of fiscal 2016 (ended last week) that show bookings will be well ahead of plan but revenue lower than expected. Blame math: more buyers chose subscriptions than perpetuals, which means revenue will be below expectations...
PTC’s FQ3 shows surprising demand for subs

PTC’s FQ3 shows surprising demand for subs

It’s big-boy PLMish earnings week and, so far, so good. PTC on Wednesday (and Dassault Systèmes on Thursday, blog post in the works) reported that demand remains solid. PTC customers’ appetite for subscriptions continues to surprise as it came in...
Quickie: PTC’s FQ3 is right where they said it would be

Quickie: PTC’s FQ3 is right where they said it would be

Sorry to interrupt your beach day, but it’s earnings season and PTC just reported that FQ3 GAAP revenue was $289 million, right in the middle of the target of $287 million to $292 million, and down 5% from a year ago. You’ll recall that PTC is (also,...
ESI seeks to reinvent PLM by moving to PPL

ESI seeks to reinvent PLM by moving to PPL

ESI hopes to move manufacturing beyond PLM, and into what it calls PPL, Product Performance Lifecycle. The company defines traditional PLM as “product development until commercial launch” while PPL addresses the product’s “whole...
Autodesk subs momentum builds in FQ1

Autodesk subs momentum builds in FQ1

I continue to try to catch up — and today we take a look at Autodesk’s calendar Q1 results, for the three months ended April 30. Autodesk reported these back on May 19, so this isn’t new news. What it is, however, is a great pointer to what...
Exa’s Q1 shows some customers, at least, favoring cloud

Exa’s Q1 shows some customers, at least, favoring cloud

Earnings keep coming and the news is increasingly positive — in our PLMish world, at least, customers are buying and using technology to continue to innovate. One recent announcement comes from Exa, the CFD maker. Exa reported that first quarter fiscal 2017,...
AVEVA’s FY16 was OK, despite end-market turmoil

AVEVA’s FY16 was OK, despite end-market turmoil

Most of the questions I am asked these days revolve around three things: the cloud, licensing models and how does the situation in end-market X affect vendor Y. Lately, X = oil and Y = AVEVA because of the massive uncertainty in the oil and gas world due to...